Shares of Zomato and Swiggy have sharply declined up to 23% amid stiff competition in the quick commerce market. Analysts ...
Following the results, the stock price of the food and grocery delivery company took a hit on the bourses. At the close of ...
The burden of discounts has largely fallen on restaurants, which often pay 5–10% of order value for promotions to secure ...
Zomato's third-quarter profit dropped by 57% to Rs 590 million due to increased spending on its quick commerce platform, ...
The burden of discounts has largely fallen on restaurants, which often pay 5–10% of order value for promotions to secure ...
The letter raised objections to Zomato and Swiggy's entry into quick food delivery services through their private-label ...
Global brokerage JP Morgan believes that both Swiggy and Zomato are available at attractive prices for taking positions in ...
Brokerage firm JM Financial wrote in its note that it prefers Zomato over Swiggy amongst the two listed hyperlocal delivery ...
Zomato Ltd.’s profit dropped 57% last quarter, as losses in its rapid delivery unit widened due to increased competition and ...
Hyundai Motor India and Swiggy are expected to be added to the Nifty Next 50 index during the rebalancing exercise scheduled ...
JM Financial prefers Zomato over Swiggy post the recent correction in both stocks. It suggested a 'Buy' on Swiggy with a ...
Bad news for Deepinder Goyal as Zomato’s net profit falls 57% in just.., company earns only Rs… For breaking news and live ...